Cypress Development Corp. is a mineral resource exploration company whose principal assets include the ownership and development of several precious and base metal properties. One is located in Canada and two are located in the United States. The Company is continually searching for high-potential properties to add to its exploration portfolio.
McKenzie Island Gold Project, Red Lake, Ontario, Canada: Cypress Development Corp has an 100% interest in the McKenzie Island gold property, located in the heart of the Red Lake Mining District of Northwestern Ontario. The 4,720 acres, are located adjacent to the west of Goldcorp's Cochenour / Bruce Channel Mine , west of Goldcorp's / Premier Gold's Rahill-Bonanza project, and 5 miles due west of Goldcorp's operating Red Lake and Campbell gold mines.
Gunman Zinc-Silver Project, White Pine County, Nevada, U.S.A.: Cypress holds a 100% interest in its approximately 2,300 acre flagship high-grade Gunman Zinc-Silver Project located in White Pine County, northeast of Eureka, Nevada. Five RC drill programs totaling approx. 55,000 feet have been completed by Cypress on the Gunman project with significant near surface grades up to 35% per ton zinc and up to 15.0 oz per ton silver over considerable widths encountered. Zinc could represent the next big base metal play due to ongoing demand growth and the closures of 3 major mines in Canada, Australia and Ireland and not enough supply coming on stream from new projects. Sentiment could shift towards zinc, with prices potentially rallying in anticipation of tightening supplies.
Robert Marvin, P.Geo., CPG, Project Geologist for Cypress Development is the Qualified Person as defined by National Instrument 43-101 and supervised both the project field exploration and the preparation of the technical information on this website.
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